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REGISTERED NUMBER: 07232149 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Thomson Hayton Winkley
Financial Services Limited

Thomson Hayton Winkley
Financial Services Limited (Registered number: 07232149)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Thomson Hayton Winkley
Financial Services Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: J W Cooke
S C Theobald
J D Fox





REGISTERED OFFICE: 114/116 Stricklandgate
Kendal
Cumbria
LA9 4QA





REGISTERED NUMBER: 07232149 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Thomson Hayton Winkley
Financial Services Limited (Registered number: 07232149)

Balance Sheet
31 December 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 1,718 2,656

CURRENT ASSETS
Debtors 5 5,519 6,581
Cash at bank and in hand 85,718 63,516
91,237 70,097
CREDITORS
Amounts falling due within one year 6 (42,686 ) (38,577 )
NET CURRENT ASSETS 48,551 31,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,269

34,176

CAPITAL AND RESERVES
Called up share capital 2,258 2,258
Retained earnings 48,011 31,918
SHAREHOLDERS' FUNDS 50,269 34,176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by:





S C Theobald - Director


Thomson Hayton Winkley
Financial Services Limited (Registered number: 07232149)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Thomson Hayton Winkley Financial Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents fees and commission chargeable for independent financial advice services provided during the year, net of discounts and excluding value added tax. Turnover is recognised when a right to consideration has been obtained through performance under each contract, and where it is probable that economic benefits will flow to the entity, and the amount can be measured reliably.

Unbilled revenue is included in debtors within prepayments and accrued income.

Tangible fixed assets
Tangible assets are stated at cost less accumulated deprecation. Cost includes the original purchase price of the asset at the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant & machinery etc - between 25% and 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share capital
Ordinary shares are classed as equity.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Thomson Hayton Winkley
Financial Services Limited (Registered number: 07232149)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
Basic financial assets, including trade and other receivables, cash and bank balances and basic financial liabilities including trade and other payables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Rental payments
Rentals payable are charged to the profit and loss account on a straight line basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2023
and 31 December 2023 4,743
DEPRECIATION
At 1 January 2023 2,087
Charge for year 938
At 31 December 2023 3,025
NET BOOK VALUE
At 31 December 2023 1,718
At 31 December 2022 2,656

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 5,519 6,581

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Taxation and social security 39,263 35,465
Other creditors 3,423 3,112
42,686 38,577

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Thomson Hayton Winkley
Financial Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thomson Hayton Winkley Financial Services Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Thomson Hayton Winkley Financial Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Thomson Hayton Winkley Financial Services Limited and state those matters that we have agreed to state to the Board of Directors of Thomson Hayton Winkley Financial Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thomson Hayton Winkley Financial Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Thomson Hayton Winkley Financial Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Thomson Hayton Winkley Financial Services Limited. You consider that Thomson Hayton Winkley Financial Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Thomson Hayton Winkley Financial Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


18 March 2024